The Beacon: Kansas City cannabis companies’ wish for the new year: Lower federal taxes

Luke Niforatos, executive vice president at Smart Approaches to Marijuana, a nonprofit that  opposes marijuana legalization, is staunchly against rescheduling cannabis. He agreed that the move would likely help the industry’s bottom line. And as far as he’s concerned, that’s the problem.

“Marijuana, if anything, has gotten more harmful since states started legalizing it,” Niforatos said, citing addiction rates, the availability of much more potent ways to consume the drug and other health concerns. 

“We think the science is very clear that marijuana should remain Schedule I,” he said, “and this push to move it to Schedule III has been really marred by politics since the beginning.”

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